4522 Decoursey Avenue Latonia KY 41015

Unique Portfolio offering - 5 Buildings with a total of 16 units. Well maintained units with a Cap Rate of 10.65%, Excellent return, Mostly Leased, a couple recent turns going on currently. NOI is estimated based upon the actual in place leases with an 8% vacancy and collection loss and a 40% expense ratio. All buildings have been remodeled with numerous updates of new roofs, windows, HVAC, etc.
Listing Information:
List Price$425,000
MLS Number513873
Levels2 Story
School DistrictCovington Independen
Driving Directions:
Use GPS - Multiple locations
Property Features:
TypeApartment 5+ Units WindowsInsulated
Style HeatingElectric
BasementFull CoolingNone
FoundationBlock FireplaceNone
ConstructionAluminum, Vinyl GasNone
Age WaterPublic
ParkingOn Street SewerPublic
OccupancyNegotiable Lot Sizeof record
S/A Taxes Acres0.06
Additional Feature Details:

HOA Fee 1
HOA Fee 2
HOA Fee 3
Total Yearly HOA Fees

Listing Courtesy of:
Realty Executives Select859-344-0800
Micah Preston859-866-5955
All information contained on this page and resulting property pages is believed to be accurate, but not guaranteed.
The data relating to the real estate for sale on this web site comes in part from the Broker Reciprocity program of the Northern Kentucky Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than Star One Realtors are marked with the Broker Reciprocity logo or Broker Reciprocity house icon. The properties displayed may not be all the properties available through Broker Reciprocity.